Bitcoin Wallet

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If you are using the Bitcoin Core wallet to store your Bitcoins locally on your computer you have probably noticed that the Blockchain data files have already passed the 40GB mark (about 40.8 GB at the moment). With the increasing number of transactions happening on the network the increase of the files will continue to grow constantly and this is another aspect…

Bitcoin is significantly different from any financial tool we have ever used. For this reason, it is crucial to take the time to educate yourself about the special features and the dynamics of cryptographic environment. In order to start Bitcoin trading or mining, it is important to choose an appropriate wallet that would securely store your funds and fulfill…

A Bitcoin wallet is what you use to receive, send, and store your Bitcoins. Setting up a Bitcoin wallet is very easy and takes just a few seconds-all you need is an email address, and a password of your choice. You will be able to send and receive payments immediately. Wallet address You can think of your wallet as your bank account. Just like a bank account…

I would like to install the Electrum Bitcoin Wallet on Ubuntu 12.10. The Linux instructions are located at and say: Install python-qt4 and pip: sudo apt-get install python-qt4 python-pip Install electrum: sudo pip install Run: electrum It seems the python interpreter is already included with Ubuntu. If I open a terminal and put in sudo pip install it says sudo:…